You’re a parent looking for ways to boost your kid’s creativity and entrepreneurial spirit. Well, look no further. 2023 is the perfect year to help your child start their very own business. Whether they’re selling friendship bracelets, dog treats or hosting a podcast, running a small business is a great way for kids to learn real-world skills.
The best part is, with your help, the possibilities are endless. From the classic lemonade stand to an online tutoring service, there are so many opportunities for children to express themselves, gain confidence and make some pocket money along the way. Starting a business at a young age teaches kids valuable lessons about responsibility, problem-solving and working with others.
So if you’re searching for fun and educational activities for your kids this year, consider helping them launch their own small company. With your support and encouragement, their creativity and business savvy will blossom. And who knows, you might be raising the next generation of entrepreneurs! The future looks bright.
Introduction to Kid’s Business Ideas
As a kid, having your own business is an exciting idea. Not only can you earn some pocket money,
but you’ll learn skills that will benefit you for life. Some kid-friendly businesses to consider:
Publishing ebooks. If you have a hobby or talent you want to share, consider writing an ebook.
Use free tools to write, design and publish your ebook, then sell it on major platforms. This helps
build research, writing and marketing skills.
Offering tutoring services. Are you really good at a particular school subject? Help other kids by
offering tutoring services. You can charge by the hour and use websites to find students. Tutoring
improves communication and teaching abilities.
Reselling vintage items. Do you have an eye for spotting valuables at charity shops or yard sales?
Buy items and resell them at a profit on websites or at markets. Learn how to determine an item’s
history and value. Develop haggling and selling techniques.
Making and selling cake pops or other treats. If you enjoy baking and being creative in the
kitchen, consider making cake pops, cookies or other treats to sell. Learn proper food handling
and how to create appealing products. Sell your treats at school events, parties or online.
Starting a bouncy castle business. Bouncy castles are always a hit at kid’s parties and events.
Do research to determine costs and legal requirements. Buy or rent equipment and market your
services on community Facebook groups and at schools. Running your own business teaches
responsibility and problem-solving.
With some time and effort, kids can start successful businesses. The key is finding something
you enjoy and are good at, then developing skills that will benefit you for life. Starting a
business as a kid is challenging but rewarding.
Offering Tutoring Services in Subjects You Excel At
If you’re good at a school subject like math, science or English, why not turn that into a business by offering tutoring services? As a kid, you have a unique ability to connect with other students and explain concepts in a way they can understand.
Start by identifying your target subjects and grade levels. Do you rock at algebra or grammar? Are you great with little kids or better suited to help high school students? Once you determine your areas of expertise, let people know you’re open for business. Tell your teachers, parents, and school administrators about your tutoring services. They may even promote your business or recommend students who need help.
You’ll also want to set your rates and policies. Charge by the hour or by the session. Decide if you’ll tutor students one-on-one or in small groups. Make sure to consider how far you’re willing to travel. You might offer discounts for students who book multiple sessions at once.
Market your business through school newsletters, community Facebook groups, and by word of mouth. You can also create flyers to post on local bulletin boards. Offer a free intro session so students and parents can see what you’re all about before committing to weekly meetings.
Tutoring is a great way for kids to earn money while helping their peers succeed. You’ll gain valuable experience that looks impressive on college applications. And who knows, you might discover a passion for teaching! By turning your talents into a tutoring business, you can make a real difference in the lives of other students.
Reselling Vintage Finds From Thrift Stores
Reselling vintage kids’ toys, books, and clothes from thrift stores is a great business idea for creative kids. As a kid, you likely have a good instinct for spotting toys, books, and unique clothing items that other kids will want. By buying items inexpensively at thrift stores and reselling them at a profit, you can turn that instinct into a money-making opportunity.
Visit local thrift stores and scout the shelves for rare, collectible, or nostalgic toys, books, and clothing in good, working condition. Check completed listings on sites like eBay to determine a fair asking price for items you spot. Buy only pieces you’re confident you can resell at a sizable profit after fees. Negotiate the best deal you can, using your age and enthusiasm to your advantage.
Once you’ve made your purchases, clean and test items to ensure everything is in working order. Take high-quality photos of your goods from multiple angles. Do some research to craft engaging product listings that highlight details vintage toy, book and clothing collectors will appreciate. Post items for sale on websites like eBay, Craigslist, and Facebook Marketplace.
Price items a bit higher than what you paid to account for marketplace fees and leave room for offers. Provide fast, friendly customer service and ship items promptly to build positive reviews. Use your profits to buy additional inventory and consider expanding into collectibles from other decades as you gain experience.
This business idea helps kids develop useful skills like negotiation, marketing, and customer service. With time and practise, you’ll get better at spotting valuable finds, determining ideal listing prices, and building a loyal base of customers. While reselling vintage items is an easy business to start as a kid, it does require patience. But with some determination, you can turn your hobby of thrifting into a fun, productive business.
Making and Selling Cake Pops
Making and selling cake pops is a fun, creative business idea for kids. Cake pops are bite-sized cakes on a stick that can be decorated in lots of different ways. Kids can get creative with different flavours, colours, sprinkles and toppings to make cake pops that appeal to their customers.
To get started, gather the necessary ingredients and supplies. You’ll need cake, frosting, sticks, sprinkles, melting chocolate or candy melts for dipping, and anything else you want to use for decorating. Kids can find recipes and video tutorials online to learn how to make basic cake pops. The key is to crumble the cake, mix it with frosting to form a dough, roll it into balls and chill before dipping and decorating.
Once you’ve perfected your recipe and technique, it’s time to start selling. Kids can promote their cake pop business on social media, at local events, or by word-of-mouth. They can offer samples to help get the word out. Consider selling cake pops at places where lots of families will be, such as school events, kids’ birthday parties, family festivals or charity fundraisers. Kids may be able to work out a deal to sell cake pops at a local bakery, coffee shop or bookstore in exchange for a percentage of the profits.
Packaging the cake pops attractively will make them more appealing to customers. Kids can be creative here too, using boxes, bags, or containers and decorating them to match the theme of their cake pops. Clear packaging allows customers to see the pops inside. Don’t forget to include labels with ingredients, allergens and your business details.
A cake pop business allows kids to be imaginative in the kitchen while learning skills like following recipes, managing money, marketing and customer service. The startup costs are low, so kids can start small and build up their business over time as they gain more experience. With some patience and hard work, kids can turn their passion for baking into a fun and profitable venture.
Write blog posts about boosting kid’s creativity
One creative business idea for kids is to start a blog focused on boosting creativity in children. As a kid, you have a unique perspective on what sparks your imagination and inspires new ideas. Share that insight with other kids by starting your own blog.
Come up with engaging blog post topics.
Some ideas could be:
- Five ways to boost creativity through play
- The benefits of keeping an idea journal
- How to organise an art swap with friends
- Simple craft projects using recycled materials
- Tips for putting on a puppet show
Keep your posts short and visual.
Kids have short attention spans, so aim for blog posts of 300 words or less. Include lots of photos, illustrations or videos to capture interest. Use bullet points, numbered lists and bold text to make information easy to read.
Promote your blog on social media.
Create profiles for your blog on Instagram, Facebook, Pinterest and other kid-friendly social networks. Share blog post announcements, photos, short videos and other content that will drive traffic to your site. Engage with your readers by replying to their comments and messages.
Consider guest blogging on other sites.
Contact other blogs, YouTube channels and podcasts focused on kids’ activities, crafts, education or parenting. Pitch them on the idea of you contributing a blog post or other content to their site. This cross-promotion will increase visibility for your own blog.
Make money through ads or sponsorships.
Once your blog gains a good amount of traffic, you can apply to advertising networks that focus on kid-friendly content, such as SuperAwesome. You can also approach brands that sell products relevant to your readers about possible sponsorships or product placements on your site.
Running a blog is challenging work, but can be very rewarding. With your creativity and passion for inspiring other kids, you’ll be off to a great start. Keep posting new content, engage with your readers and promote your site—your blog will continue to grow and thrive.
Publishing Ebooks on Topics You Know Well
Publishing ebooks on topics you know well is a great business idea for creative kids. If there’s a topic you’re passionate about and know inside out, consider sharing your knowledge with others through ebooks.
Identify Your Area of Expertise
Think about your hobbies, interests or skills you excel in. Maybe you’re a whiz at playing video games, an avid reader of sci-fi books, or a math genius. Focus on a specific area within that broader topic that you can discuss in depth. For example, if you love video games, choose a particular game you’ve mastered. If you’re a math whiz, pick a concept you can explain clearly to others.
Develop an Outline
Once you’ve identified your area of expertise, develop an outline for your ebook. Figure out how you want to structure the information in a logical flow. For example, you might organise chapters by difficulty level, chronological order or specific skills. Break down each chapter into sections to keep things concise. Outlining your ebook will make the writing process much easier.
Write Your First Draft
Start writing your first draft, aiming for around 10,000 to 20,000 words. Share tips, strategies, facts and examples in your own words to demonstrate your knowledge. Use images, illustrations or screenshots as needed to supplement the content. Be sure to double check any facts and make your explanations easy to understand for readers of all levels.
Revise and Edit
Review and revise your draft to ensure the content flows well and is engaging. Get feedback from others to identify any areas that need improvement. Carefully edit your ebook for spelling, grammar and punctuation errors before publishing.
Publish and Promote
Use free platforms like Amazon’s Kindle Direct Publishing, Apple Books or Google Play Books to publish your ebook. Set a reasonable price, then promote your ebook on social media, your website or email newsletter to drive sales. Building an audience and good reviews will help boost visibility in the platform’s store.
With hard work and persistence, publishing ebooks on your areas of expertise can become a profitable business for kids. It provides valuable experience in research, writing, marketing and entrepreneurship that will benefit you for years to come.
Writing Video Game Guides
Writing and selling video game guides is a fun business idea for kids who love gaming. As an expert gamer, you can create guides to help others complete levels, unlock hidden items or improve their skills.
Identify your niche
Focus on a specific game or gaming platform you know well. Maybe you’re a pro at Fortnite, Minecraft or Roblox. Choose a popular game with an active player base so there’s demand for your content.
Create your content
You can make ebooks, video tutorials, podcasts or live streams. Ebooks and videos are easy to produce and promote. Film yourself playing the game while explaining strategies and secrets. Upload to sites like Amazon, Patreon or YouTube.
Promote your work
Build your audience by promoting to gamers on Reddit, Discord, and gaming forums. Engage with your viewers by replying to comments and messages. Run promotions and contests to increase traffic. Collaborate with other gaming YouTubers for cross-promotion.
Set your pricing
You can charge for individual ebooks, videos or live streams. Or offer monthly memberships on Patreon for ad-free content and other perks. Price based on the value of your information and your audience size. Start low, around $5 to $10, and increase as you gain more followers.
This business idea helps develop useful skills like video production, marketing, and communication. While revenue may start small, some teen gaming influencers earn over $100,000 a year from sponsorships, ads and paid subscribers. With time and consistency, you can build a thriving video game guide business.
Starting a Bouncy Castle Business
Starting a bouncy castle business can be a fun and rewarding venture. Kids will love helping with this creative company, and parents will appreciate the entertainment options for children’s parties and events. However, there are a few things to consider before getting started.
Research the demand
Check how many bouncy castle companies already operate in your area. See what products and services they offer to find gaps in the market. You can survey parents and kids to determine what they want in a bouncy castle hire service. Learn about their needs and expectations so you can meet or exceed them.
Learn the legal requirements
Find out what permits, licences, insurance, and taxes apply to a bouncy castle business. Consult a lawyer or accountant for guidance to ensure your company is legal and safe.
Choose your bouncy castles
Select bouncy castles, inflatable slides, obstacle courses or other products based on your research. Consider different themes, sizes and age-appropriate options. Buy high quality, safety-certified products that will last.
Market your new business
Create a website to showcase your products and services. Use social media to spread the word about your new company. Offer promotions and discounts to attract new customers. Sponsor local events to increase visibility. Satisfied customers will become repeat clients and refer others.
Set your rates
Charge by the hour or for a minimum of 2-3 hours. Rates will depend on your location and products. Provide value-added services like setup/takedown, generators, snacks or party bags to increase your fees. Offer bundled packages and discounts for longer rentals or larger orders.
Starting a bouncy castle business for kids requires work but can be hugely rewarding. Do your research, follow the rules and provide a fun experience for your customers. With the right planning and effort, your new company can be a big success!
Key Considerations When Starting a Kid’s Business
Starting a kid’s business comes with many considerations to keep in mind. As an adult helping a child with their business venture, it’s important to guide them through the key steps to set them up for success.
Identifying a Viable Product or Service
The first step is finding an idea that sparks their interest and passion. Whether it’s baking cupcakes, dog walking, or teaching an instrument they play, the options are endless. Help them explore different ideas and see what excites them. The business should be enjoyable, not just a chore.
Developing a Business Plan
Even a simple business plan can help give the business direction. Work with your child to determine things like:
- Their business goals and how they’ll achieve them
- Their target customers and how to reach them
- Startup and operating costs to expect
- How they’ll market and promote the business
- Risks and challenges to prepare for
Having a roadmap will make the business feel more achievable and help avoid potential issues down the line.
Setting a Budget
Discuss how much money is available to put towards the business, and how it can be allocated wisely. Things like supplies, marketing materials, website or app creation, and transportation should all be budgeted for. Help your child make good spending decisions so they can keep within budget.
Building the Necessary Skills
While kids can gain many skills from running a business, some additional learning may be required. If they’re offering a skill or service, help them strengthen their abilities. Also work on general business skills like communication, problem solving, and time management. Provide guidance and the opportunity to gain real-world experience.
Promoting the Business
There are many ways for kids to spread the word about their business, from starting a website to creating flyers to posting on social media. Help them determine the best ways to reach customers and set up the necessary profiles and marketing materials. With your support, their new business venture can thrive and provide an invaluable learning experience.
FAQ on the Best Kid’s Businesses to Boost Creativity in 2023
So you want to start a kid’s business to boost their creativity in 2023? That’s great! Here are some frequently asked questions to help get you started:
What are some good business ideas for kids?
There are lots of fun business ideas for kids, such as:
- Publishing ebooks on a topic they love, like sports, animals or gaming. This helps build research and writing skills.
- Offering tutoring services in a subject they excel at, e.g. maths, science or music. This improves communication and teaching abilities.
- Reselling vintage toys, books or clothes found at thrift stores. This teaches kids about history, value and negotiation.
- Making and selling cake pops or other treats. This helps kids learn cooking skills and creativity.
- Renting out a bouncy castle for parties and events. This requires planning, marketing and customer service skills.
What are the key steps to starting a kid’s business?
The main steps to starting a successful kid’s business are:
- Pick an idea they are passionate about. Kids will enjoy and stick with it more.
- Do market research to see if there are opportunities. Check what competitors offer and potential customers want.
- Create a business plan to outline the vision, marketing and operational details. This helps set goals and secure funding or loans if needed.
- Determine costs to buy equipment or supplies and set competitive prices. Make sure to include a profit margin.
- Build a website to promote the business and sell products or services online. Social media can also be used for marketing.
- Comply with regulations like obtaining permits or licences, insurance and filing taxes. Consult an adult or professional if unsure about legal requirements.
- Provide great customer service to get good reviews and word-of-mouth marketing. Happy customers will return and recommend the business to others.
What challenges might a kid’s business face?
Some potential challenges for a kid’s business include:
- Lack of experience in areas like management, accounting or legal compliance. Adult guidance and mentoring can help overcome this.
- Limited time to devote to the business, especially if still in school. Start small and grow over time as skills and capacity develop.
- Difficulty securing funding or loans due to age. Use savings, crowd-funding, business plan competitions or family and friends as alternative funding sources.
- Gaining customer trust and competing with established businesses. Focus on good service, quality products and competitive advantages like lower overhead costs.
- Health, safety and security risks of young entrepreneurs. Make sure to get proper insurance and follow regulations to prevent issues. Adults should supervise if needed.
Does this help answer some of your questions about starting a kid’s related business?